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4 kwi 2022 · This trend is borne from the countervailing effects between the economic losses due to COVID-19 infection (Y E) and the losses from the lockdown measures (Y L) implemented for the region.
2 sie 2021 · The Philippines has relied instead on draconian mobility restrictions across large sections of the country’s key cities and growth hubs every time a COVID-19 surge threatens to overwhelm the...
The June 2021 edition of the Philippines Economic Update analyzes the impact of COVID-19 on the economy and discusses short- and medium-term policy actions for speeding up recovery. The report also provides analysis and recommendations on enhancing decentralization and service delivery in view of the implementation of the Mandanas Ruling in 2022.
9 mar 2020 · All sectors are feeling the impact of COVID-19, with agriculture expected to lose $41 million, construction to lose $114.61 million, and business and trade to lose $157.66 million in ADB’s best case scenario outlook.
9 kwi 2021 · The Philippines economy suffered a deep recession in 2020 due to the impact of the COVID-19 pandemic, with GDP contracting by 9.6% year-on-year. This was the largest annual decline ever recorded since National Accounts data series for the Philippines commenced in 1946.
The economic impact of COVID-19 was broad, although services continued to fuel growth. Since the start of the enhanced community quarantine, air travel has dropped by 95 percent… …visits to retail locations have dropped by over 80 percent…
18 lut 2022 · The accelerated vaccination program, implementation of economic recovery measures and pursuit of key structural reforms will help lessen the long-term scarring effects of the pandemic and ensure a robust growth trajectory for the economy.
